Bridgepoint Is Said to Expand in Secondaries With Newbury Deal

UK buyout firm Bridgepoint Group Plc is expanding into a fast-growing segment of the private equity market by adding a team from mid-market secondaries firm Newbury Partners, according to people familiar with the matter.

The Newbury team is expected to join London-listed Bridgepoint in early 2026, the people said, asking not to be identified discussing non-public information. The transaction will add more than $4 billion of assets under management to Bridgepoint, the people said. Bridgepoint will also receive an ongoing share of existing Newbury management fees, they added.

Newbury, which is backed by Apollo Global Management Inc., ...